Cornwell Company,a Producer of Electronic Components,has the Following Information The Break-Even Point in Dollars Is ________

question 70

Multiple Choice

Cornwell Company,a producer of electronic components,has the following information:
$\begin{array}{ll}\text { Income tax rate } & 30 \% \\\text { Selling price per unit } & \$ 8.00 \\\text { Variable cost per unit } & \$ 3.00\\\text { Total fixed costs }&\$120,000.00\end{array}$
The break-even point in dollars is ________.

• A) $150,000
• B) $180,000
• C) $192,000
• D) $320,000

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Definitions:

Competencies

Measurable skills, knowledge, abilities, or behaviors that are critical for successful performance in a specific job, role, or activity.

Cultural Differences

Variations in the customs, values, behaviors, and artifacts of different societies or groups, often affecting communication and interaction among them.

Motivation

The inner drive or process that stimulates an individual to act towards achieving a desired goal.

Employees

Individuals hired by an organization to perform specific duties and tasks in exchange for compensation.